SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) Sees Unusually-High Trading Volume – Here’s What Happened

SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Get Free Report) shares saw unusually-strong trading volume on Tuesday. Approximately 10,525,695 shares were traded during trading, an increase of 161% from the average daily volume of 4,039,535 shares. The stock last traded at $29.6350 and had previously closed at $29.63.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.2%

The business’s 50 day moving average is $29.68 and its 200-day moving average is $29.95.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Oakworth Capital Inc. acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter worth $27,000. Signaturefd LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth $27,000. Indiana Trust & Investment Management Co bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth $36,000. Root Financial Partners LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the third quarter valued at $36,000. Finally, Atwood & Palmer Inc. acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the third quarter valued at $39,000.

SPDR Portfolio Short Term Corporate Bond ETF Company Profile

(Get Free Report)

The SPDR Portfolio Short Term Corporate Bond ETF (SPSB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Treasury index. The fund tracks a market-value-weighted index of fixed-rate investment-grade nonconvertible US corporate bonds with 1-3 years remaining in maturity. SPSB was launched on Dec 16, 2009 and is managed by State Street.

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